EMV payment card market struggles for growth as saturation levels hit

Global EMV payment card shipments reached just under 3 billion in 2016, marking a year-on-year (YoY) increase of less than 1%. Between 2012 and 2015. The market became accustomed to annual growth rates in the 20% to 35% range, as first China and then the US began their respective EMV migration programs. But as overstocking, paired [...]